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New CEO Tim Cook (L) and former CEO Steve Jobs (R)
No Steve Jobs? No problem!

When Steve Jobs announced that he was resigning as CEO of Apple last month, many wondered how the market would respond to the news. With Tim Cook at the helm as the new CEO of Apple, investors need not worry -- in fact, Apple's stock is performing better than ever.

AAPL hit a high of $411.85 today and is now hovering around the $410 mark with just under an hour left before trading ends today. The stock is up 2.4 percent today while the overall market is down 1.28 percent. 

Apple Inc. now has a market cap of $380 billion compared to $355 billion for Exxon Mobile Corporation.





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RE: Sell Time
By pxavierperez on 9/20/2011 12:09:25 AM , Rating: 0
And all you idiots were predicting Apple will go under once Steve Jobs leaves. Only in Daily Tech where the idiots consistently keep proving themselves to be idiots, daily.


RE: Sell Time
By silverblue on 9/20/2011 2:32:35 AM , Rating: 2
And you decided to lower yourself to say that?


"A politician stumbles over himself... Then they pick it out. They edit it. He runs the clip, and then he makes a funny face, and the whole audience has a Pavlovian response." -- Joe Scarborough on John Stewart over Jim Cramer






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